Business
England final win is most-watched television moment of 2025
England's dramatic Euro 2025 final victory against Spain was the most watched television moment of the year so far, with a peak live…
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Business
Business
7 CEOs—and one chief commercial officer—explain how they actually use AI to do their jobs
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
Why Elon Musk’s ‘Baby Grok’ has child safety advocates alarmed
The AI companion space will soon see another new entrant. Elon Musk, the owner of xAI and social media platform X, announced recently,…
Business
What We Miss When We Talk About the Racial Wealth Gap
His reluctance to treat family structure as a causal factor is similarly puzzling. He notes that married Black households have an average…
Business
Singapore shares fall amid mixed regional showing on Monday; STI down 0.5%
Local stocks fell for the second straight session on Monday (Jul 28) amid a mixed performance by Asian bourses, as optimism over…
Business
Australia’s green bank makes record A$3.5b in clean energy investments
Australia’s green bank on Monday (Jul 28) said that it invested a record A$3.5 billion (S$2.9 billion) in clean energy projects and grid…
Business
The coming battle among YIMBYs
The YIMBY (“yes in my backyard”) movement has achieved remarkable growth in the past few years, uniting people across the political…
Business
iFast targets higher dividend payout ratio amid growth across business units
Digital bank and wealth management platform iFast is targeting a payout ratio of between 25 and 30 per cent as profitability improves…
Business
Heineken beer sales fall as price dispute took longer to resolve
The Dutch brewer reported a 0.4% fall in volumes during the second quarter, worse than analyst estimates Heineken saw a decline in beer…
Business
BOJ may paint less gloomy view, signal rate-hike resumption
The Bank of Japan (BOJ) is set to hold off raising interest rates on Thursday (Jul 31) but may offer a less gloomy view on the outlook…
Business
AIG Women's Open: Charley Hull aiming to break major duck at Royal Porthcawl
It has been a scarcely believable dozen years since Hull burst on to the professional scene in 2013 with five sucessive runners-up…
Business
Chinese AI firms form alliances to build domestic ecosystem amid US curbs
China’s artificial intelligence (AI) companies have announced two new industry alliances, aiming to develop a domestic ecosystem to reduce…
Business
HKMA to cut costs, freeze hiring as city battles deficit: report
Hong Kong’s de-facto central bank is planning to cut costs next year, according to a local news report, as the city takes steps to reduce…
Business
McDonald’s to sell eight Hong Kong retail spaces valued at HK$1.2 billion: JLL
The sale of the eight retail properties is offered through a public tender that ends on Sep 16 McDonald’s Corp is planning to sell eight…
Business
Will there be a bank holiday after England won Euro 2025?
Downing Street has no plans for a bank holiday to mark the Lionesses' Euro 2025 win, the BBC understands. England made history on Sunday…
Business
Shaolin Temple: Abbot Shi Yongxin under criminal investigation in China
Shi Yongxin, the abbot of the world-renowned Shaolin Temple, is being investigated by multiple agencies for embezzlement, "improper…
Business
AEM slumps 4.7% after its CEO resigns
As at 9.25 am, the counter has fallen to S$1.64, 4.7% below its Friday closing price Shares of AEM fell on Monday (Jul 28) after the…
Business
Asia: Most markets rise, euro boosted after EU strikes US trade deal
Most stock markets rose with the euro on Monday after the European Union and United States hammered out the “biggest-ever” deal to avert a…
Business
Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase
Citigroup launched a premium credit card designed to rival ones offered by JPMorgan Chase and American Express, the latest entrant in the…
Business
Chinese steel profits recover as Beijing targets overcapacity
The profitability of Chinese steel mills began to recover last month, with the improvement likely to accelerate in the second half of the…
Business
iFast climbs 10% after strong Q2 net profit
Shares of iFast soared 8.76 per cent on market open on Jul 28 after the digital bank and wealth management platform reported a strong Q2…
Business
iFast surges 11.3% after strong Q2 net profit
Shares of iFast surged just minutes after market open on Monday (Jul 28), after the digital bank and wealth management platform reported a…
Business
Alibaba cloud visionary expects big shakeup after OpenAI hype
OpenAI’s ChatGPT started a revolution in artificial intelligence (AI) development and investment. Yet nine-tenths of the technology and…